• PH imports rebound; up 11.7% in March vs down 5.6% in Feb

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    Philippine merchandise imports grew 11.7 percent year-on-year in March, reversing a 5.6 percent decline in February, with six top imported commodities accounting for the increase, data from the Philippine Statistics Authority (PSA) showed on Wednesday.

    Comparative year-earlier growth in imports stood at only 3.7 percent.

    The overall inbound shipments in March 2016 rose to $6.358 billion from $5.691 billion a year earlier.  MAYVELIN U. CARABALLO

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